x
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Report Date : |
16.02.2012 |
|
Tel. No.: |
81 6 6364 3867 |
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Fax No.: |
81 6 6364 7389 |
IDENTIFICATION DETAILS
|
Name : |
KOHDA CO LTD |
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Registered Office : |
Kohda Daini Bldg 2F, 4-12-1 Nishitenma Kitaku Osaka 530-0047 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
January 2006 |
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Com. Reg. No.: |
(Osaka-Kitaku) 113750 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, wholesale, retail of wines; wine house operation |
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No. of Employees : |
160 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
Yen 26.0 Million |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
KOHDA CO LTD
REGD NAME: Kohda
KK
MAIN OFFICE: Kohda
Daini Bldg 2F, 4-12-1 Nishitenma Kitaku Osaka 530-0047 JAPAN
Tel: 06-6364-3858 Fax: 06-6364-7389
URL: http://www.kohda-winehouse.com
E-Mail address: (thru the URL)
Import, wholesale,
retail of wines; wine house operation
Tokyo
Tokyo (2), Osaka
(2), Kobe,
HIDEKI KOHDA, PRES
Kazuhiro
Hamaguchi, dir
Takashi Kamogawa,
dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 9,067 M
PAYMENTS NO COMPLAINTS CAPITAL Yen
60 M
TREND SLOW WORTH Yen 159 M
STARTED 2006 EMPLOYES 160
IMPORTE OF WINES: WINE HOUSE OPERATOR.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT:
YEN 26.0 MILLION, 30 DAYS NORMAL TERMS
The subject company was established
on the basis of a trading division separated from Kohda Honten KK, at the caption
address (See REGISTRATION). Hideki Kohda is concurrently pres at the
parent. This is a trading firm
specializing in import and wholesale of wines, and operator of wine houses in
Osaka, Tokyo and Kobe (total 5 shops).
Wines are imported from France, Italy, Spain, Germany, Chile, USA,
Australia, other. By the separation of
the division, Kohda Honten KK became a Holding Company.
The sales volume for Dec/2010 fiscal term amounted to Yen 9,067 million,
a 3% down from Yen 9,390 million in the previous term. Consumer spending was sluggish. The operations plunged into the red to
register Yen 35 million net losses for the term, compared with Yen 9 million net
profit a year ago.
For the term that ended Dec 2011 the
operations were projected to come back to profitability to post Yen 20 million
recurring profit and Yen 8 million net profit, respectively, on a 3% rise in
turnover, to Yen 9,300 million.. Final
results are yet to be released.
The financial situation is considered maintained
FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 26.0
million, on 30 days normal terms.
Date Registered: Jan
2006
Regd No.:
(Osaka-Kitaku) 113750
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 4,800 shares
Issued: 1,200 shares
Sum: Yen 60 million
Major
shareholders (%): Kohda Honten KK* (100)
*.. Holding Company
& Building management/maintenance, at the caption address, founded 1966,
capital Yen 30 million, Turnover Yen 16 million, net profit Yen 1 million,
employees 3, pres Hideki Kohda, concurrently
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and
wholesales wines; operates 5 wine houses (--100%)
Clients: [Hotels,
restaurants] Club Bar, Washington Hotel, ANA Crown Plaza Hotel Osaka, Swiss
Hotel Osaka Nankai, Dojima Kosan, other
No. of accounts:
300
Domestic areas of
activities: Nationwide
Suppliers: [Wineries,
wholesalers] Imports from France, Italy, Spain, USA, Chile, Germany, Australia,
other
Payment record: No Complaints
Location: Business area in
Osaka. Office premises at the caption
address are owned by Kohda Honten KK, the parent, and maintained
satisfactorily.
Bank References:
Mizuho Bank
(Toranomon)
Shoko Chukin Bank
(H/O)
Relations:
Satisfactory
(In Million Yen)
|
Terms Ending: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
|
Annual
Sales |
|
9,300 |
9,067 |
9,390 |
10,825 |
|
Recur.
Profit |
|
20 |
-14 |
22 |
32 |
|
Net
Profit |
|
8 |
-35 |
9 |
9 |
|
Total
Assets |
|
|
3,323 |
3,385 |
3,815 |
|
Current
Assets |
|
|
2,532 |
2,301 |
2,376 |
|
Current
Liabs |
|
|
1,632 |
1,776 |
1,908 |
|
Net
Worth |
|
|
159 |
194 |
185 |
|
Capital,
Paid-Up |
|
|
60 |
60 |
60 |
|
Div.P.Share(₯) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
2.57 |
-3.44 |
-13.26 |
-1.59 |
|
|
Current Ratio |
|
.. |
155.15 |
129.56 |
124.53 |
|
N.Worth Ratio |
.. |
4.78 |
5.73 |
4.85 |
|
|
R.Profit/Sales |
|
0.22 |
-0.15 |
0.23 |
0.30 |
|
N.Profit/Sales |
0.09 |
-0.39 |
0.10 |
0.08 |
|
|
Return On Equity |
.. |
-22.01 |
4.64 |
4.86 |
|
Notes: Forecast
(or estimated) figures for the 31/12/2011 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.29 |
|
|
1 |
Rs.77.45 |
|
Euro |
1 |
Rs.64.89 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.